NOT LISTED FOR SALE

1301 E State St Delmar, MD 21875

North Salisbury Neighborhood

Estimated Value: $6,935,894

Studio
-- Baths
14,564 Sq Ft
$476/Sq Ft Est. Value

About This Home

This home is located at 1301 E State St, Delmar, MD 21875 and is currently priced at $6,935,894, approximately $476 per square foot. 1301 E State St is a home located in Wicomico County with nearby schools including Delmar Elementary School, Wicomico Middle School, and Wicomico High School.

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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2025
Sold by
Magic Rabbit Ventures Llc
Bought by
Current Estimated Value
$6,935,894

Purchase Details

Closed on
Sep 17, 2021
Sold by
Lee & Lee Ra Llc
Bought by
Magic Rabbit Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,320,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
Delmar Holding Llc
Bought by
Rap Delmar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.15%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in North Salisbury, MD

  • Matthew Wyble Real Estate Agent - Next Step Realty

    Matthew Wyble

    Next Step Realty

    (443) 775-2465

    322 Total Sales

    1 in North Salisbury

    $140,000 Price

    Matthew Wyble
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  • Carol Tinnin Real Estate Agent - RE/MAX Leading Edge

    Carol Tinnin

    RE/MAX Leading Edge

    (667) 201-6958

    179 Total Sales

    1 in North Salisbury

    $415,000 Price

    Carol Tinnin
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  • Penny Hollis Real Estate Agent - Samson Properties

    Penny Hollis

    Samson Properties

    (667) 243-8212

    88 Total Sales

    1 in North Salisbury

    $335,000 Price

    Penny Hollis
     Section Image
  • Russell Carter Real Estate Agent - Keller Williams Capital Properties

    Russell Carter

    Keller Williams Capital Properties

    (202) 856-9138

    182 Total Sales

    1 in North Salisbury

    $195,000 Price

    Russell Carter
     Section Image
  • Marcus Rush Real Estate Agent - Compass

    Marcus Rush

    Compass

    (302) 240-4561

    197 Total Sales

    1 in North Salisbury

    $212,000 Price

    Marcus Rush
     Section Image
  • KATIE LANDON Real Estate Agent - Coldwell Banker Realty

    KATIE LANDON

    Coldwell Banker Realty

    (302) 663-7466

    57 Total Sales

    1 in North Salisbury

    $157,900 Price

    KATIE LANDON
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,550,000 West Market Title
Magic Rabbit Ventures Llc $5,400,000 First American Title Ins
Rap Delmar Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $4,320,000
Previous Owner Lee & Lee Ra Llc $3,065,594
Previous Owner Rap Delmar Llc $4,000,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $44,194 $5,040,100 $1,000,500 $4,039,600
2025 $43,601 $4,793,800 $0 $0
2024 $43,601 $4,547,500 $0 $0
2023 $42,524 $4,301,200 $1,000,500 $3,300,700
2022 $43,589 $4,277,600 $0 $0
2021 $43,559 $4,254,000 $0 $0
2020 $43,629 $4,230,400 $1,000,500 $3,229,900
2019 $44,275 $4,230,400 $1,000,500 $3,229,900
2018 $81,914 $4,230,400 $1,000,500 $3,229,900
2017 $36,735 $4,427,400 $0 $0
2016 -- $3,453,867 $0 $0
2015 $13,541 $2,480,333 $0 $0
2014 $13,541 $1,506,800 $0 $0
Source: Public Records

Map

Maryland Wicomico County Delmar 21875 North Salisbury

1301 E State St, Delmar, MD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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